A significant number of young Canadian travellers are not purchasing travel insurance or are not taking the time to understand their policy. James Paul Wallis reports on new research that highlights this worrying trend
The average medical claim made by Britons who fall ill or have an accident in a foreign country now stands at £1,333.41, according to an analysis of 2010 claims data from Sainsbury’s Travel Insurance.
European Health Insurance Cards (EHIC), which many travellers within the European Union rely on to receive free or reduced-price healthcare while they are abroad, have a five-year shelf life, and as they were introduced in 2006, many of the people who initially applied for the cards and received them in that year risk carrying invalid cards on their summer holidays this year.
International Passenger Protection (IPP), a provider of financial insurance solutions to the UK travel trade, has said that the recent Air Travel Organisers’ Licensing (ATOL) reform consultation paper, issued by the Department of Transport, highlights the gap in consumer protection under the government scheme, even after the proposed extension in cover.
The ongoing issue of unpaid claims arising from the Icelandic volcanic ash eruption of April 2010 is not yet put to bed, as Europ Assistance in the UK has now launched a legal challenge against the country’s Financial Ombudsman Service (FOS).
Just as the ash from the Icelandic Grimsvotn volcano was settling, the Chilean Puyehue-Cordon-Caulle range of volcanoes got in on the act, sending ash and debris thousands of metres into the air. The resulting ash cloud prompted the closure of airports across South America, including the suspension of flights to and from Buenos Aires and disruptions to flights in Santiago.
The latest research from Finaccord, Travel Metrics in Europe, gives details of how last year’s Icelandic eruption affected the rate of travel insurance claims in 2010. Mandy Aitchison delves into the report for more information
The British Insurance Brokers’ Association (BIBA) has welcomed the UK Financial Services Authority’s (FSA) guidance consultation for insurance comparison websites
A recent report from UK consumer organisation Which? has found that older travellers are still finding it difficult to find appropriate and affordable travel insurance, despite some companies taking the upper age limit off their policies.